Bitcoin’s momentum paused this weekend, but the king of crypto is still holding firm above critical support levels. While BTC consolidates, select altcoins — particularly Hyperliquid (HYPE), Monero (XMR), Aave (AAVE), and Worldcoin (WLD) — are stepping into the spotlight with notable price action and bullish setups that could catch traders’ attention heading into the new week.
Bitcoin’s Calm Before the Next Storm?
Over the weekend, Bitcoin (BTC) hovered just below the $109,588 resistance level. Although that number has proven to be a tough ceiling to break, the overall structure of the chart remains firmly bullish. According to Keith Alan, co-founder of Material Indicators, BTC continues to show strength as long as it trades above the yearly open of approximately $93,500 — a level that’s becoming increasingly significant as institutions and nations continue to show interest.
The long-term narrative remains compelling. Bitwise, a prominent crypto index fund firm, projected that institutional investments in Bitcoin could pour in at a scale of $120 billion by 2025 and potentially reach $300 billion by 2026. This inflow, driven by ETFs, sovereign wealth funds, and corporate treasuries, suggests Bitcoin may still be in the early innings of its next major upcycle.
A Crucial Technical Zone for BTC
Technically, Bitcoin’s struggle to reclaim the $109,588 level after falling below it on May 23 has introduced a bit of caution. If bulls can flip this resistance and push through the $111,980 mark, we could see a fast move to $130,000. However, if the $104,199 20-day EMA fails to hold as support, BTC could dip toward $100,000 or even $94,916 — the 50-day SMA — as bearish pressure mounts.
On the 4-hour chart, bears have dragged BTC below its 50-SMA while the 20-EMA slopes downward, hinting at short-term bearish momentum. Unless buyers reclaim control quickly, price targets near $102,500 or lower remain on the table.
Hyperliquid (HYPE): Gaining Speed
Among altcoins, Hyperliquid is flashing strength. HYPE recently pushed past its resistance at $35.73 — a key breakout level. If this move holds, the next leg higher could extend to $42.25 and possibly $50.
Short-term charts show a successful retest of support at $35.73, and if the bulls can maintain this level, further upside appears likely. Still, a sharp drop below the 20-EMA could trap late buyers, with potential pullbacks to $32 or even $28.50.
Monero (XMR): Privacy Coin Making Big Moves
Monero has been on a tear, pushing past the $391 resistance and hinting at continued bullish control. With the RSI deep in overbought territory, some cooling off may be due, but the trend remains intact.
As long as XMR stays above $412, it may target $456 in the near term. A decisive break below $375 would be the first sign of weakness, potentially triggering a slide to the 20-day EMA near $347.
Aave (AAVE): Strong Rebound Potential
Aave is another standout, successfully bouncing from the $240 breakout level. This shows buyers are stepping in aggressively at lower levels. With the RSI in overbought territory and a rising 20-day EMA at $231, AAVE could be on track for a rally to $285 — a key resistance. If that level breaks, $300 and even $350 are realistic possibilities.
However, failure to hold the 20-EMA support could expose the pair to deeper pullbacks toward $240 or even $217.
Worldcoin (WLD): Building a Base?
Worldcoin’s price action has been less explosive, but it’s showing signs of forming a solid base. Despite hitting resistance at $1.65, bulls have protected the 20-day EMA at $1.20. If WLD can regain upward momentum, it could challenge $1.89 and potentially surge to $2.50.
On the flip side, a breakdown below the 20-day EMA opens the door to a dip toward the 50-day SMA at $0.99. For bulls, reclaiming the downtrend line is the first sign of strength — from there, $1.52 and $1.65 become reachable targets.
Final Thoughts
As Bitcoin continues to consolidate below resistance, traders should remain nimble. A bullish breakout could reignite the broader market, especially among leading altcoins like HYPE, XMR, AAVE, and WLD. But if BTC falters, some recent gains in these tokens may quickly evaporate. The coming days could be pivotal — whether it’s a breakout or a reset, the market is poised for its next big move.
